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20121127
20121127
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
the aftermath of hurricane sandy which struck julie a month ago. the latest estimates show sandy caused over $70 billion. the storm stands second behind hurricane katrina. if you hate parting with your iphone while parting, general it will be the first carmaker to integrate with the siri mode. allowing drivers to continue chatting with siri while keeping both hands on the wheel. the spark and sonic will be the first two models. they will roll off assembly lines early next year. buy those tickets, people, buy those tickets. if you do not play, you cannot win. it stands at a record $425 billion. the biggest pot on record is 365 again won by eight nebraska coworkers want in 2006. your odds are about one in 175 million. are you going to give it a shot? connell: no. dagen: scratch tickets in the stocking along with a new pistol, i hope. connell: with that, we go to medical fact -- nicole petallides. nicole: we talk about holidays, retail, cyber monday. citigroup has a very intense survey looking at all of the retailers and what they provide on cyber monday. the websites, well, the five winners, the t
they will pay of $900 million in claims stemming from hurricane sandy which hit hard on the eastern u.s. coast in late november. >> they estimate overall damage from the storm will range between $20-$25 billion. of new york mayor michael bloomberg has but the damage at $19 billion in his city alone. it slipped through the caribbean of forcing the u.s. eastern seaboard. >> coming up, thousands of factory workers in bangladesh are protesting against poor and potentially lethal working conditions. >> first, a look at some other headlines this hour. poachers in the spanish region of catalonia have been dealt a setback. this all the convergence and union alliance losing seats. the nationalist party did win a majority overall. >> the israeli defense minister is planning to retire from politics. he says he will quit his post once the new government is formed after the elections in january. many political observers are expecting him to change political parties. >> israel has taken a step towards expanding its missile defense. existing systems down. hundreds of hamas rockets during the recent violence
of hurricane sandy keep adding up? man, they are huge now. now the question is who will pay for the storm? federal government or local taxpayers like well, us? liz macdonald here is more with emac's bottom line. do they know the final number? good to be with you guys. they don't know the final number. governor andrew cuomo is weighing in on this debate. cost for new york state, $41 million. 19 billion in new york city alone. what is being incurred to date by the state of new jersey. when all said and done could surpass the cost of hurricane katrina which stood $110 billion. when you look at the numbers, basically the power outages in the region from hurricane sandy are about two times more power outages versus what we saw in hurricane katrina. when it comes to the number of homes destroyed, 50% more homes destroid in hurricane sandy versus hurricane katrina cat. hurricane katrina claimed for lives. 1866 people were killed by hurricane katrina. versus 185 deaths from hurricane sandy. destruction and damage governor cuomo may have it right. as to who pays for it? ordinarily the u.s. governm
. despite some of them being in the dark for weeks this after super storm sandy. the customers are questioning why their electricity bills post sandy reflect a full month's use of electricity and did not account for the days or weeks when the customers did not have power. the company has been under a lot of scrutiny as it is taken them and extend along top time to get power back to the residence. >> a live look outside at the san the sale bridge. there is some sunshine as we watch westbound traffic 92 and the commute direction. it looks like it is moving pretty well. we will be right back. [ male announcer ] are you ready for tomorrow's technology today? then switch to at&t u-verse tv. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life. add hbo and cinemax and get the first three months free. plus you can bundle tv and u-verse high speed internet with spee
york and new jersey need at least $71.3 billion to recover from the devastation of super storm sandy and prevent similar damage from future storms. this is according to the state's latest estimates. that total of course could grow. steve liesman has been crunching the newspaperup i numbers and hn the next hour. this is to try to build up some sort of protection, some massive floodwalls. governor cuomo was saying this would be like $9.1 billion to start building. >> questions about the future of the sec following mary shapiro's exit. elyse walter could run the agent until december 2013 when she would have to be renominated and reapproved by the senate. among the issues, and ongoing battle over regulating the $2.5 trillion money market fund industry, some 63 unfinished rule making requirements that are all part of dodd-frank and continuing fears of course about market stability and high frequency trading. p. >> money markets used to be covered by the fdic when the crisis first came on. >> and also worth pointing out, there was one failure of mary sha piro's time in office, shall was th
campaign. he says there is more than a year's work to do in the aftermath of superstorm sandy and the people of new jersey need to know he's committed to sticking with it. 95% of new jersey voters think that christie did either an excellent or good job responding to the storm and get this, his approval rating is now at 72% that is the highest ever recorded for a new jersey governor. so far no one has come forward to challenge kristie for the governor ship, but the democratic most often mentioned to fill that spot is new york mayor corey booker. he said his plans are on hold for the moment in the aftermath of hurricane sandy. >> according to politico, he said we work to shore up medicaid and social security but now is not the time to throw those into the fiscal cliff negotiation. mitt said he is not going to accept things like privatizing medicare. we're back after the break. ♪ the future of one great nation. but only barely, because the sun was like, way in my grill. george mcclellan, the general, hands me his pair of foster grant sunglasses, and i could see! my wife, mary
with over 35 years of experience. a storm like superstar on sandy is a storm we have never seen before -- a storm like super storm sandy. it is due to industrial pollution from burning fossil fuels such as petroleum. some might question is this. how much responsibility does the petroleum industry willing to take for superstar sandy and other climate disasters that are looming on the horizon? how do you justify using billions of years of energy accumulation through your own individual wealth? thank you very much. guest: thank you for the question. the oil and natural gas industry are leaders in alternative forms of energy. we take our responsibility very seriously. we have invested more than the federal government in these different forms of energy over the past 10 years. to nobodycond seat for energy future. we understand our role and are looking always for new energy forms. we have a vast diversity of energy that we produce. climate has been a discussion in the united states for the past decade or so. carbon emissions right now are at 1992 levels. the economy has slowed down and we ne
izod brand is doing. >> sandy had to shut down a lot of stores for you. the hurricane storm 35-40% of your business is done. it is a big part of our business. it did impact us in the first part of november. we were were able to still raise the year we were able to do. we were looking for a big 4th quarter. revenues will be up 7%. we were looking for earnings per share growth. so, we are expecting 4th quarter, a holiday season to continue very strong. how important is the cost of acquisition and the core basic strength of the business? i mean to me, it has to be a big up year given the strength of what you can do already. >> we have talkeded about the strength of the brand overall worldwide. we think we can add to that. we think the acquisition can be clear in the first year. we talked about two to three years from now. so, that you know, that is the point next year is a transition year, bringing the business in. i think we have talked about 35 cents a share, but i think the real opportunity there is greater than that. >> i have been emphasizing companies that take the bull by t
by hurricane sandy in new york has risen again to $42 billion. governor andrew cuomo announced the new figure today. it includes $32 billion for repairs and restoration and almost $10 billion more for measures to prevent damage from the next major storm. the state, along with new york city, will ask for federal disaster aid based on the damage tally. one of the legendary bands of rock 'n' roll is marking its golden anniversary. the rolling stones celebrated 50 years last night in london, with the first of five shows in the united kingdom and the u.s. nina nannar of independent television news filed this report. >> two and a half hours, 23 songs, and 50 years. . ♪ i said hey, hey, you, you. ♪ get off of my cloud. ♪ hey, hey, you, you, get of my cloud. ♪ hey, hey, you, you, get off of my cloud ♪ >> thankfully for the rolling stones glowing reviews on this, their opening night of their anniversary tour. ♪ i want to be your lover, baby i want to be your man ♪ >> reporter: the men have a combined age of 273 years. but last night, they were clearly enjoying their trip down memory lane
for hurricane sandy that didn't sell, that left retailers with much too much inventory in the northeast and it's dated inventory. third, ross stores is a big beneficiary from the collapse. yes, i do not use that word lightly, from jcpenney. it is now taking a huge share from the disorganized dysfunctional penney to the point where management called this out on the conference call as a source of strength. the other guys have been reluctant to do that. speaking of the conference call, company -- now that we're entering gift giving season, as a quarter of ross' merchandise is oriented around the home and recovery means they're selling a lot more furniture. ross stores is a shareholder friendly company. they do have a small dividend, okay? one that yields just 1%. the company's consistently increased that dividend. the stock has overrun it every year for the last 18 years. most recently, 27% boost back in january. beyond that, ross has brought back a huge amount of stocks since 2005. i was astonished to see they've retired 25% of the shares outstanding over the last seven years. that's a serious b
tone all be it conditioned by hurricane sandy. the timing of the cutoff is last monday. so it's unlikely to include any holiday shopping. >> thank you, guys. >> roll tide. >> thank you. >> i thought more people would be coming at us with the notre dame thing. >> where is mary thompson today? >> she is heading to miami for the big game. >>> a down day and it was pretty clear that the markets were watching for signals coming out of washington on the fiscal cliff. and they didn't like what they heard when senate majority leader said he was disappointed with the talks with the republicans to this point. >> we have time. the moment harry reid started speaking you can see the charts that it all falls at the exact moment when he said they thought there would be more progress with the republicans.
, consume could be in for a rude awakening. third quarter gdp on thursday. a little bit of sandy and a little bit of fiscal cliff in this 1.2 to 2.2, those are the forecasts i have seen so far. >> do you think perhaps the consumer is not reflecting the fiscal cliff issues because the last time, we keep going up to the edge of the cliff and then things get -- things get resolved? >> it's a good question. it strikes n s me that looking at the debt ceiling debate i think consequences were equally stark but more easily understood, people anticipated that and more bad stuff in the economy. the consumer confidence numbers showed that job prospects looked good, home buying intentions look good, a buoyancy to the consume they're wasn't there. >> wasn't there. >> face the debt ceiling. yeah. >> thank you, steve. >> sure. >> as always. if you want more on this special coverage that we have, the crisis is in a special section of our website, riseabove.cnbc.com, check it out. it has some terrific information, ty. >>> breaking news now from the bond market. two-year notes up for auction. you
like super storm sandy is a storm we have never seen before. it is due to industrial pollution from burning fossil fuels such as petroleum. some might question is this. how much responsibility does the petroleum industry willing to take for superstar sandy and other climate disasters that are looming on the horizon? how do you justify using billions of years of energy accumulation through your own individual wealth? thank you very much. guest: thank you for the question. the oil and natural gas industry are leaders in alternative forms of energy. we take our responsibility very seriously. we have invested more than the federal government in these different forms of energy over the past 10 years. we take second seat to nobody for energy future. we understand our role and are looking always for new energy forms. we have a vast diversity of energy that we produce. climate has been a discussion in the united states for the past decade or so. carbon emissions right now are at 1992 levels. the economy has slowed down and we need to get people back to work and to get the economy recovered.
in sandyland, many people have been in the dark for days. some for weeks, after superstorm sandy. and some are now getting power bills that show normal usage. the long island power authority is assuring customers, don't worry, the next actual meter reading will reflect how much you've used, and they'll adjust your bill, and i'm telling you, there are some lipa customers right now who are outraged. after all they've been through. >> as well they should be. >> they are getting electricity bills reflecting normal usage, and for many of them it's been days, some of them it's been weeks with no power. and bring you up to speed on cyber monday. what's your best guess on what people were out there buying? >> i would have thought apple products? >> yeah. had to be electronics. >> a lot of question about electronics. monday sales up 28% from last year, according to the bench mark survey and the most searched-for items were amazon's kindle and kindle fire, uggs, ipads, the ipod touch, legos, and the wii. >> well, i like the legos. i mean, it's making a comeback. maybe children will actually do a thi
for big ticket items is expected to drop 1.2% with some impact potentially from hurricane sandy. case shirl index. home prices expected to raise about 3% in september. and at 10:00, november consumer confidence. analysts expect a reading of 73 can would be up a point from last month. dallas fed president richard fisher and atlanta fed president deny this lockhart are both speaking in berlin. richard fisher expressing concern that the size of the monetary policy easing in the u.s. is abnormally large. of course you might argue the abnormal conditions warrant that. never the the less, we'll also look at earnings from adt and green blount continmountain. the greek deal is done. athens will receive its much needed bailout cash. >> our common goal is that greece achieve a credible and sustainable reduction reaching lower than 110% of gdp in 2022. we will consider further measures if necessary to achi e achieve. >> one of the key points, silvia is back with us from brussels. good morning. and there are so many points. which are the most significant? >> well, we knew there was a sort of all
from the last one? we are about to find out. martha: that has become such an iconic image from sandy, the jersey shore roller coaster submerged by the storm that had been there for so many years will have to go there. was talk about leaving it there. the mayor of seaside heights says the amusement park heights will not be left as a momento. he said it was a possibility but he admits it, quote, wasn't the brightest comment in his opinion at this point. construction of a new boardwalk, brand-new shiny one will get underway in january. bill: we find the u.s. supreme court breathing new life into a major lawsuit against the president's healthcare plan. liberty university says the plan violates its religious freedom. it has an issue with that mandate as well. just this week the supreme court said this case should be heard at a lower level. the dean of liberty university school of law is here, good morning to you and thank you for your time. justice roberts says the mandate stands. how can you argue today that you can bring a fresh khal tony dungy that mandate? >> well, the fact that the s
is skyrocketing thanks to his response to superstorm sandy. >>> three top cabinet spots up for grabs. who is in, who is out? pi bill clinton? patreaus for secretary of defense. a look at president obama's dream team. >>> a fast and furious settlement. who is paying the price for the botched gun running. >>> answering questions about managing student debt. >> hi there. we're talking about managing your student loans. with me this hour, greg olson and carmen wong ulrich. carmen, your question. >> i was wondering how i'm going to afford a minimum wage job with the student loan advise to pay for and i just graduated from college. >> i feel for her. >> wow, wow, wow. it's a stuff situation. here's the thing we've got to know what type of loans does she have. if she's got private loans she's in a big pickle. low flexibility, but call them right away. if your proact everybody you can try to work with them before you get into trouble. if she's got federal loans, there's the income based repayment program and she's got look into that. it's a part of your discretionary income that goes to pay it every mo
, simon, i think right now things are changing and we remain to see the effects of sandy on the data. >> let me return to this subject of why the consumer remains so strong. do you think the average american is aware of what the fiscal cliff is when you look at the numbers that watch television news or read newspapers and the degree to which they may not have spoken about that subject during the election campaign and most people thought by taxing rich we would solve problems we have in america and people have no idea that general low income americans have no idea i would suggest that the fiscal cliff is on its way. no wonder they are out there spending money. no wonder. >> i wouldn't make a distinction between what low income americans or high income americans know less than anyone around the scale. on the other hand, simon, it may be that people think they'll solve this problem and it's not going to affect them given the pledge by the president not to allow the tax increases and spending cuts to hit people $250,000 and below. that's a distinct possibility. i would also point out, si
Search Results 0 to 19 of about 20 (some duplicates have been removed)

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